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20130201
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
us. international leaders are gathering in bavaria for the annual munich security conference. the german defense minister opened the conference by focusing on the current conflicts in syria and moly -- mali and emphasizing the importance of ongoing cooperation between europe and the united states. them in the united nations has been gridlocked over syria for months, and often, these occasions provide a more informal opportunity for an exchange of ideas. one of the most prominent speakers will be vice president joe biden of the u.s., and he stopped off in berlin on the way to the meeting. >> the u.s. vice-president peter were when visit to the german capital and his first to the german chancellery. he held an equally brief press conference after talks with chancellor merkel, giving high praise for trans-atlantic relations. the two reportedly discussed conflicts in syria and moly -- mali but made no public statements on the matter. his next stop is munich for an annual security conference, a meeting of high-ranking international policy makers, and mali and syria will be at the
. >> and is steady as she goes, the u.s. economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. >>> plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3.7 million euros. >>> we kick off with the pmis out of the eurozone. january manufacturing pmi, 47.9. the flash 47.5, december manufacturing pmi was 46.1. it has boosted the euro to maintain its gaze, now back over to 1.3651 and continuing to climb high. that is now a 32-month high against the yen, as well, at 11.25965. the german manufacturing pmi was a little better, as well, this morning. helping to boost those numbers. we suggest that there's benefits from emerging markets rather than, perhaps, from elsewhere in europe. anyway, coming in better once again for the eurozone. still in contraction territory, but, of course, the trend is what is being concentrated on. we had similar indicators for two die verging views on china's recovery. eases to 50.4 for january, that was below the forecast of 5079 the. bu
that name. it has the pretty ladies. has a great job using its commercials as a tease, driving people to the website to find out how the story ends. a brilliant strategy. coming up, bob parsons, godaddy executive chairman and founder, the guy behind it all us know what is in store for this year. david: can't wait for that. a mercedes ad already creating a quite a buzz. it isn't the one they plan to show during the game, oh, no. the one they will air is even bigger. more stars, and get this. it is promoting their lowest priced car ever. the president and ceo of mercedes-benz usa will be here. of course we will have a sneak peek at the commercial. liz: wait until you hear the price on that mercedes. but first we'll tell you what drove the markets today. today's data download it is a sea of green on wall street. all three major indices ending higher for the 52-week in a row. the dow closing above the 14,000 mark for the first time since october of 2007. this marked 11% gain as david mentioned from the bear market low hit in the march of 2009. all 10 s&p sectors posting gains led by telec
to be covering jobs in the market. vince reinhart will be joining us. and what is a jobs friday without a little shot of rock and roll? kansas is celebrating 40 years in the music business. it has been a very changed scene over those 40 years. we have the founding member, drummer and band manager phil e. hart. andrew, obviously, we have it all today. we do, we do. it's great to see you, becky. joe mentioned stocks are off to a very strong start this year. if you believe in the january barometer, it's a great sign for the bulls. the theory satsdz that the s&p direction in january sets the tone for the next 11 months. the s&p ridesing more than 5% for this january. the transports, by the way, even stronger with a more than 9% gain. the nasdaq also positive, up 4%. here are a few stats of note that are worth thinking about. it was the best month for the dow industrial transports and s&p 500 since october 2011. the best january for the dow industrials since 1994. it's the strongest start to the year for transports since 1991 and the largest january returns for the s&p 500 since 1997. professor jerem
defines, describes, and accompanies us on our journey through life. (man) music is like food. every human being needs food, but everybody eats different food. [rock music] food that americans eat is really strange to people in other parts of the world. some of the food that other people eat would make an american sick to his stomach. but everybody needs food. [sticks clacking] [cultural music montage] what is music? well, from a scientific point of view, it's the organization of sound. [classical music] (woman) it's a language without words, and the reason for language is to communicate and the reason for music is to communicate. (woman) depending on what you want to express, it can be hundreds of different things. (man) music is the essence of the creator, the entire universe. in my case, it's the sounds that i make with my violin. there are people who go, "that's not music." music is music if someone thinks it's music. you can't put it in a box and say, "this is music." it's all these wonderful abstract things brought together. you can think about it and rationalize it and express it an
out of it and we don't solve any problem and gave politics are just as bad for us in the next 10 years. >> quite frankly don't trust congress so if congress can't make the contracts, the first thing that will come down is who will be high-skilled or -- if the was enforcement only and they said oh yeah by the way we are definitely going to do a low-skilled thing of future and do high-skilled i wouldn't support the enforcement only because i don't trust them. i think they will stop after stop after that about this over the last couple of years when they did these peaceful approach is a lot of them failed. the immigration act that moved the countries of origin toward a green card, greenlaw stopped in the house. had stopped after it passed in the house. unfortunately there is a political strategy going on now. i personally think it only matters if it's if it's a road to an and i think that's always going the way it's going now. >> without, thank you all for coming. there will be orders for drinks in the lobbies if you want to come back. [applause] [inaudible conversations] [inaudible conve
using putting more and more on the backs of individuals. we've heard story after story this morning where there is irrational use in the delivery system because of the fragmentation that we have and we have seen through the payment reform that we have done that setting the right payment incentives in place actually does help rationalize the system and start to net the fabric together between the primary care and specialty care and we actually have hospitals that start to understand what their place in the reform system is there a cost center not a revenue center and they have to actually become smaller over time for the system to become sustainable, so to me, you know, to focus our attention on the individuals in the public and beneficiaries and how we are right to change their benefits to make all of this work seems like a full of air and when the real problem is the way that we have structured the incentive on the delivery system side and fixing that we can get a long range towards addressing affordability and quality. >> we have time for a question or two from the audience. if yo
was some low threshold employer match and allowing an employer to raise that match if they want to us in employment incentives so it might provide one and a half%. so you could answer it as an employment incentives. have you thought about if we move ahead in this area, what should the contribution rate be. >> that's an excellent question i encourage the committee to think not in terms of a single default contribution rate, but a differentiated alternative. and senator alexander was talking about the small restaurant chain, my guess is employees are younger and for a ban in our contribution rate might make sense. whereas a look at someone who's a bit older and this is their full-time job, the default contribution rate might be substantially higher. we know from investor psychology that individuals think in terms of raw numbers, multiple sub type, 5% of pay, 10% of pay. desired benchmarks that individuals can get their hands around and might be worth taking about something mahler. 5% for younger workers to something higher, maybe 10% for lower workers. >> were trying to make this as sim
us on monday. have a great weekend. "squawk on the street" starts right now. >>> we have breaking news on this jobs friday. welcome to "squawk on the street." i'm melissa lee, with carl quintanilla and david faber. we're closing in on 14,000. a leg higher in futures just moments ago. the dow looking at 112 points at the open. the s&p 500 looking at about 11 at the open. of course, this is after the best month for january, since january of 1987. as for the picture over in europe, taking the lead from here in the united states in terms of gains, we do see the cap up by 1.3%, and the dax in germany up .6 of 1%. in asia, the real star is the nikkei, embarking on 12-week winning streak with the yen weakening down to 92 versus the u.s. dollar. of course, the road map here starts with the all-important jobs report. and the dow nearing 14,000. the u.s. adding 157,000 jobs in january with the unemployment rate ticking up to 7.9%, despite the partisan nonpayroll jobs. a large part of the jobs coming in the final months of the year. >> we want to take a closer look at what the jobs number sa
not living in the u.s. but in fantasyland? connell: we will talk about that and immigration reform because it has been huge topics this week. if we told you you could save billions of dollars in foreign aid to corrupt governments with immigration reform would you take that trade? dagen: super bowl feeder and counterfeiters are honest. we bring you more on a record $13.6 million bust in fake nfl merchandise. you got to give me a jersey, if you don't make one i will get one. connell: you will be all right. especially men wearing sports jerseys is one of my pet peeves. let's go to nicole petallides at the nyse-listed 14,000. nicole: don't come down here today because today on the floor of the nyse, support your favorite team. and the trader jackets a lot of traders are wearing their favorite jersey's. the dow four days out and we hit it, we are here, 14,000 right now, a gain of 140 points. dow leaders include bank of america and travelers and verizon and american express and at&t helping along the trend has been a good one, january, the best january in two decades. we kickoff 2013 in a very b
and innovation, the highest honors bestowed by the u.s. government upon scientists, engineers, and inventors. you will have it for you later in our program schedule. at the white house, jay carney held his daily briefing, addressing a number of issues including a bombing at the u.s. embassy in turkey today. >> does the president considered the attack on our embassy in turkey to be a terrorist attack? >> that is an excellent question a suicide bombing on the perimeter of an embassy is by definition an act of terror, a terrorist attack. i think this is an incident that has just occurred and i don't want to get ahead of it, is being investigated. we strongly condemn what was a suicide attack against our embassy in ankara, which took place at the embassy's our security perimeter. details are still emerging about what exactly happened, who was responsible. it is clearly an act of terror. it caused -- cost hte life about least one individual, a turkish security guard. we are working with the turkish authorities to investigate the incident and bring the perpetrators to justice. our thoughts and prayers
your doctor about cialis for daily use and a 30-tablet free trial. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ liz: large and in charge, the bulls taking the dow to its highest level in more than five years. breaking 14,000. can it stay there for the next hour? leave the shot there for a second, yeah, we're just one point below here. good afternoon everybody. i'm liz claman. it is the last hour of trading. countdown to the closing bell begins right now. will we see a super close going into super bowl weekend? look, either way, stocks ending the week with a touchdown. stunning traders earlier in the session by charging past dow 14,000. the dow less than 200 points away from the all time closing high of 14,164 and for those of you -- .53. that level goes back to october 9, 07. incredibly strong, green arrows practically everywhere except merck and exxonmobile. the dr
encapsulates just about everything that's driving us higher, much higher than people believed possibly coming into 2013. intrigued? all right, so what did we hear today? we heard as january goes, so goes the rest of the year. we know that of the 11 times since 1950 that the s&p 500 was up more than 5% in january, like this one, we had spectacular advantage for the rest of the year, 10 out of 11 of those times. let me tell you why my super bowl indicator could foretell why we may make 2013 the 11th of 12 years we've been up big after a bountiful january. it's not if the afc wins, the market goes higher, knucklehead prognostications. we don't let that kind of thinking going on on "mad money." no, my theory's based on geographical metaphors. the first, baltimore, home of the ravens. ironically named after the raven, written by edgar allen poe, also coincidentally the author of the purloined letter. when you think of baltimore, you think of grit, of old line businesses that make things, smokestacks, yes, aging, but still powerful american industrial and manufacturing might. then there's san franc
jobless claims really makes this an untimely end for the jobs council. here now to talk to us about it is senator moran. you were working with the jobs council, were you not? >> absolutely. and i think they have a collection of very valuable members of the business community with expertise that members of congress both republicans and democrats found valuable. they relied upon it. they had credibility. and while they haven't met for a year and while i'm always interested in getting rid of unnecessary government bureaucra bureaucracies, commissions and committees, this is one that i think could be very helpful, has been very helpful and i am disappointed the see it come to an end. >> but i thought this really was just kind of show horse stuff. window dressing stuff. trying to say to the public hey, i really don't think they're all fat cat bankers, some of these are good businessmen. i mean, i never saw some major substance come out of this. >> well, i would say that this is evidence one more time of the president appointing a commission, appointing a committee, and then not even util
these politicians are basing their assumptions on as far as hagel is concerned. he used to be a parity decent sounding person -- decent sounding person. he is not making sense anymore. thank you. host: isaac from new york, democrat line. caller: good morning. i just wanted to comment on hagel and the perspective of young democrats. to hear this man talk was really astounding. i am quite critical of the obama administration in terms of things i have done. in terms of hagel's nomination, i am very impressed. his views on foreign-policy almost seemed to dip -- too far beyond this era. my only feel is that the political parties will bring this ideology down simply because a lot of people are not prepared for it. thank you and have a good day. guest: i think -- i would beg to differ about the too far beyond this era. i had the privilege of working for former secretary of state george schultz. in my estimation, senator hagel's views are consistent with secretary schultz, whom i think is one of the giants of our time. i think they have the same sort of outlook of trying to be pragmatic and take a lo
from the street. good to see everybody. thanks so much for joining us. >> thanks, maria. >> scott, let me kick it off with you. what's behind this move in stocks? >> this year is off to a lot better start. i don't know if you heard the applause in the background when the bell rang. people are happy. we're at 14,000, a touch over. i think the market, myself not to put a damper on things, i think the market is a little ahead of itself. i think it's going to be higher than this at year end, but right now this is a pretty darn good jump from december 3 isst until now. the question is does it keep going. harry dent, where are you on this? >> we've been looking for the market to go higher until mid-year. i'm looking at 1,600 or near on the s&p, 15,000 or near on the dow. i think before you get there though you do get a more substantial pullback before you get a likely top. i mean, right now, things are good. we got over the fiscal cliff. we knew we would rally after that. i don't see this rally going to major heights this year or a lot higher because earnings are decelerating, and now intere
collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better for them. that is putting pressure on ordinary italians, especially small and medium-size companies. >> it was a spectacular protest against italy's new tax laws. the owner of a small beach bar scaled the dome of st. peter's basilica in rome and stayed put for some 24 hours. when he climbed back down, he was greeted by a cheering crowd. [applause] >> i really hope this tax issue is resolved soon and our small businesses as well as the whole economy can pick up again, at least a little. >> the tax measures by italy's technocrat government under the prime minister are another weapon in the country's never- ending fight against tax evasion. the so-called financial police is seeking to recover an estimated 150 billion euros, and it is coming down hard on the country's culture of tax evasion. >> we are conducting stringent checks on luxury vehicles. if the income tax returns filed by
-engage the retail investor. >> don't mistake this for growth. the u.s. economy is in a lot of trouble and the rising stock market doesn't reflect improving fundamentals, reflects inflation and a debased currenty. >> never been on the end of the world because it only happens once. you hear that repeatedly. >> why do you keep saying the end of the world? >> who is talking the end of the world? >> rick santelli, can you get in here? i mean, peter schiff and you -- >> i think everybody is a little bit right. everybody is a little bit right. all the major central banks and the old developed economies, even some of the just recently developed economies, well, they have central banks that have put a boundary around rational investors. as much many like gold, they want diversionification, where are you going to go? the treasuries are safe if you're really rich, looking to accumulate wealth and peter is right, but it's still a mug's game no matter how you slice it. i agree with the guest who said the economy is sideways on fundamentals so all roads lead to stocks so whether you can come up a quantitative arg
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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